RE: RE: Very good Q2 update todayToday18 Jul 2024 22:16
Hi Jlite,
I agree with your comments that 120p would be a disappointing outcome but I just cannot see what is going to move the dial here.
Unfortunately, however good the financials, many AIM small caps are just not rewarded with a realistic valuation. Poor investment coverage, low number of daily trades and low interest from fund managers all conspire to keep the share price from gaining any momentum.
Like you I will continue to hold in the hope that one day the share price appreciates to reflect growing profits . Perhaps a catalyst maybe a sale of their private and quoted investments, I’m sure there has to be a better way to utilise that capital resource.